Friday, 12 August 2016

Sustainable Buildings Pay In Terms Of Rent And Occupancy

A new study draws a direct correlation between green building certification and increased financial benefits to property owners. Results of a 10-year study of 300 U.S. and Canadian office buildings by one of the largest commercial building owners/managers in the U.S., Bentall Kennedy, compared buildings with and without certification and supported findings of previous studies. With extended datasets that covered tangible metrics on energy and financial performance, including rent and occupancy, the study also included data on a range of other measures that included lease renewal rates and tenant satisfaction. Key findings were that:
·         Investment in making buildings more sustainable pays for itself with higher rents, higher occupancy, and more lease renewals; and
·         Sustainability certification matters to tenants.

Read more on the Sustainable Homes website.

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